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(PRWEB) January 15, 2013
Hyatt Hotels Corporation and Englewood LLC announced today that an agreement has been signed between an affiliate of Hyatt Hotels Corporation and 511 South Central Avenue, LLC for a 208-room Hyatt Place Hotel to be developed in the Harbor East neighborhood of downtown Baltimore, Maryland. Hyatt Place Baltimore Harbor East will be located at 511 South Central Avenue, proximate to the Harbor East, Fells Point and Little Italy neighborhoods and two blocks from both the Baltimore Harbor and the planned Harbor Point mixed-use development.
Construction of the eight-story building is expected to commence mid-2013 with opening planned for the third quarter of 2014. The hotel will be managed by Interstate Hotels and Resorts.
Hyatt is actively expanding the Hyatt Place brand throughout the United States, and we are excited to be working with Englewood to bring Hyatt Place to this major urban market, said Jim Chu, senior vice president, franchise and owner relations for Hyatt Hotels & Resorts.
Ken Finkelstein, President of Englewood LLC, said, We are very excited to be working with Hyatt. This brand is the perfect fit for the vibrant, diverse mixed-use environment that is developing in and around Harbor East in Baltimore.
Upon completion, Hyatt Place Baltimore Harbor East will contain 208 attractively designed guestrooms with the most current Hyatt contemporary décor package. Ideal for both business and leisure travelers, all rooms feature a 42 high definition flat panel television, a plush Hyatt Grand Bed, a refrigerator and a comfortable seating area including an eight-foot sectional sofa sleeper. Each room will be served by a central HVAC system and will incorporate stylish bathrooms with glass-enclosed showers. Every guestroom is also equipped with a state-of-the-art media center that allows electronic devices to plug directly into the television, giving guests instant access to the technological amenities they are accustomed to accessing at home or in the office.
Hyatt Place hotels also feature complimentary Wi-Fi access, a coffee and wine bar serving specialty coffees and premium wine and beer and a Grab n Go case stocked with freshly made sandwiches and salads. The Guest Kitchen offers made-to-order breakfast, lunch and dinner entrées around the clock, in addition to a complimentary continental breakfast served daily. Specially trained Hosts are on hand to offer assistance with everything from directions to check-in to a freshly made meal. Hyatt Place Baltimore Harbor East will have a comprehensive fitness center as well as an indoor swimming pool.
The planned building will also contain approximately 14,000 square feet of well-located and highly visible retail space. The retail space will be owned and operated by Chesapeake Real Estate Group of Baltimore, Maryland.
About Hyatt Hotels Corporation:
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. Thousands of members of the Hyatt family strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The Company's subsidiaries manage, franchise, own and develop hotels and resorts under the Hyatt®, Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt Regency®, Hyatt Place® and Hyatt HouseTM brand names and have locations on six continents. Hyatt Residential Group, Inc., a Hyatt Hotels Corporation subsidiary, develops, operates, markets or licenses Hyatt ResidencesTM and Hyatt Residence ClubTM. As of September 30, 2012, the Company's worldwide portfolio consisted of 496 properties in 45 countries. For more information, please visit http://www.hyatt.com.
About Englewood LLC:
Englewood LLC is a privately-held real estate investment, development and consulting company headquartered in Bethesda, Maryland.
Certain statements and assumptions in this press release contain or are based upon forward-looking information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. When we use the words will, may, anticipate, estimate, should, expect, believe, intend, or similar expressions, we intend to identify forward-looking statements. Such statements are subject to numerous assumptions and uncertainties, many of which are outside of Englewood LLCs or Hyatts control, which could cause actual results to differ materially from those expressed in or implied by the content of this document. Forward looking statements made in this press release are made only as of the date of their initial publication and neither party undertakes an obligation to publicly update any of these forward looking statements as actual events unfold.
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